Key takeaways
- A DUNS quantity is issued by Dun &
- Bradstreet and helps construct enterprise credit score.
- This quantity tracks enterprise credit score, regulatory filings and different monetary details about your online business.
- You may apply for a DUNS quantity by telephone or on-line by means of Dun &
- Bradstreet.
A Knowledge Common Numbering System (DUNS) quantity is assigned by one of many three enterprise credit score bureaus, Dun & Bradstreet, and can also be referred to as a D&B quantity. Very like a FICO rating may help you monitor and construct private credit score, a DUNS quantity helps companies create a enterprise credit score rating and report.
You may apply for a novel DUNS quantity by telephone or on-line. Right here’s what you must find out about getting a DUNS quantity.
What’s a DUNS quantity?
A DUNS quantity is a novel nine-digit quantity that tracks numerous details about a enterprise. DUNS numbers are additionally site-specific. When you’ve got a number of bodily places for your online business, each can apply for a novel DUNS quantity.
The proprietary system for DUNS numbers was created by Dun & Bradstreet (D&B), and the database that D&B has for every enterprise with a DUNS quantity is named the Dwell Enterprise Id.
With this, D&B tracks enterprise credit score scores, common data, regulatory filings and different monetary data for every enterprise with a DUNS quantity. Together with common data, any damaging monetary judgments, reminiscent of bankruptcies, shall be accessible to somebody who searches for a DUNS quantity.
Does each enterprise want a DUNS quantity?
No, each enterprise doesn’t want a DUNS quantity. That mentioned, it may assist you construct good enterprise credit score. It’s additionally required for a credit score report from Dun & Bradstreet.
Some personal lenders can also need to use your DUNS quantity. When looking out your online business, they will see your credit score rating and different particulars about your online business earlier than they approve a enterprise mortgage.
The way to get a DUNS quantity
You may get a DUNS quantity over the telephone or on-line. The method is comparatively streamlined and free.
- Name 800-526-9018 or go to Dun & Bradstreet on-line and scroll to the underside to use.
- Present details about your online business kind, reminiscent of a U.S.-based enterprise or U.S. authorities contractor.
- Provide enterprise particulars, together with the authorized identify of your online business, your online business deal with, the 12 months your online business began, the enterprise’s authorized construction and the identify of the enterprise proprietor or CEO/president.
- Select an ordinary or expedited supply. Normal supply is free however can take as much as 30 days to obtain your DUNS quantity. Expedited supply can take as little as eight days, however prices $229.
- Submit the applying.
- Wait to be contacted. A consultant could attain out to you to verify your online business data. In any other case, you’ll obtain your DUNS quantity through e-mail.
The place to search out your DUNS quantity
In case you’re not sure when you have a DUNS quantity or want to verify your quantity, you should use the DUNS quantity lookup. The lookup additionally lets you see different companies’ numbers, which may be useful if contemplating a brand new partnership or investing alternatives.
The underside line
A DUNS quantity is helpful for firms searching for funding or contemplating a partnership with different companies. It may well assist any firm construct enterprise credit score and show creditworthiness to lenders — particularly in case you’re a startup or newer enterprise. In case you determine to get a DUNS quantity, keep in mind it can monitor constructive credit score historical past and different damaging occasions, like bankruptcies.
